Cashbook: meaning, definitions and examples
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cashbook
[ ˈkæʃbʊk ]
financial record
A cashbook is a financial document that records all cash transactions made by a business. It typically includes details about cash receipts and cash payments. Cashbooks help in tracking the inflow and outflow of cash, serving as a crucial tool for managing a company's finances. This document ensures transparency and provides an accurate overview of cash flow over a specified period.
Synonyms
cash register, financial journal, ledger.
Examples of usage
- I recorded all my expenses in the cashbook.
- The accountant updated the cashbook daily to reflect transactions.
- Keeping a detailed cashbook helped us manage our budget.
- Every week, we review the cashbook to check our finances.
Translations
Translations of the word "cashbook" in other languages:
🇵🇹 livro de caixa
🇮🇳 नगद पुस्तक
🇩🇪 Kassenbuch
🇮🇩 buku kas
🇺🇦 касовий журнал
🇵🇱 księga kasowa
🇯🇵 現金台帳
🇫🇷 carnet de caisse
🇪🇸 libro de caja
🇹🇷 nakit defteri
🇰🇷 현금 장부
🇸🇦 دفتر النقدية
🇨🇿 pokladní kniha
🇸🇰 pokladničná kniha
🇨🇳 现金簿
🇸🇮 kasa knjiga
🇮🇸 reikningaskrá
🇰🇿 касса кітабы
🇬🇪 ნაღდი წიგნი
🇦🇿 nağd kitab
🇲🇽 libro de caja
Etymology
The term 'cashbook' is derived from the combination of 'cash' and 'book', two words that reflect its function as a financial record. The word 'cash' originates from the Middle French 'caisse', meaning 'box' or 'chest', which indicates a place where money is kept. 'Book', on the other hand, has its roots in the Old English 'bōc', meaning a written document. In the 17th century, the necessity for merchants and traders to document their income and expenditures led to the formalization of cashbooks as essential financial instruments in business accounting. As commerce developed, these records evolved, leading to standardized practices in bookkeeping. Today, cashbooks are used by businesses of all sizes, from small startups to large corporations, as a means to maintain financial clarity.